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Retiring as a “Four Percenter” Can Effectively Manage a Marital Estate

A common and recurring theme in retirement planning is the “4 percent” rule of thumb on post-retirement spending. That rule suggests that retirees who restrict their annual expenditures to only 4% of their invested nest egg, adjusted for inflation, can ride their retirement savings for their remainder of their…

Proposed Changes to Fast Track Custody Case Rules

I. THE CURRENT FAST TRACK RULES.

As currently enacted, NRAP 3E(d)(1) provides that within 40 days after the Supreme Court approves the settlement conference report indicating that the parties were unable to settle the case or, if the appeal is removed or exempted from the settlement program, within 40 days…

Why Professional Athletes Should Have Prenuptial Agreements

Almost one-half of marriages in the United States end up in divorce. It is far easier identify potential problems in a future marriage, or address the issues in a future divorce, in a prenuptial agreement, than at the time of divorce.  If you and your prospective spouse cannot agree…

Negotiate a Potential Divorce Before Marriage Through a Prenuptial Agreement

If you believe it is difficult negotiating the terms of a prenuptial agreement in anticipation of marriage, just think how difficult it would be during a stressful divorce. Would you start a business with someone without having a written agreement as to how the business will operate and dissolve,…

When May You Deduct Legal Fees Relating To Your Divorce Action?

We are often asked by our clients how legal fees in connection with a divorce are treated for tax purposes.  Although we do not provide tax advice, and we certainly are not tax experts, there are some general issues you should discuss with your Certified Public Accountant (“CPA”) or…

When Does An Engagement Ring Have To Be Returned?

Often in a divorce action, an engagement will be at dispute. Sometimes the ring is a family heirloom and the recipient does not wish to return it.  An engagement ring, however, is a gift to which a condition subsequent, the fulfillment of the marriage agreement, is attached.  As such,…

The National Trend Is Enforcement of Prenuptial Agreements

Recent court decisions around the nation suggest that a properly drafted prenuptial agreement will likely be enforced. Although no prenuptial agreement can possibly address every possible issue, nor can an attorney insure its enforceability, Nevada cases as well as those around the country suggested if the prenuptial agreement is…

Pecos Law Group Is Appealing (January 2017)

At Pecos Law Group, we are always looking for a challenging appeal to the Nevada Appellate courts to correct mistakes and injustices created by unfair or legally incorrect Family Court Decisions. Following are the appeals we currently have in progress:

Child Support

The parents agreed to a split physical custody arrangement…

What Britney Spears Can Teach You About Losing Custody of Your Children

In 2007, the famous singer, Britney Spears, had a widely publicized custody battle which she lost to her back up dancer and erstwhile husband, Kevin Federline. After months of bizarre behavior which included flashing paparazzi, checking in an out of rehab, shaving her head, and allegedly unmitigated drug use,…

What To Do If You Are Considering A Divorce

Immediately seek legal advice. Whether you actually follow through with a divorce or not, it’s wise to obtain legal advice to know where you stand and how you may potentially advance your position in the event of divorce.
Stop using social media.   You will be best served by…